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Netflix gains 4.9 Million Subscribers in Q1. Shares 12% up.

Salsa

Member
Figured this was worth noting since everytime there's a Netflix thread GAF talks about lacklusting content and "going the way of the dodo" soon so...

http://variety.com/2015/digital/news/netflix-adds-record-4-9-million-subscribers-in-q1-1201473151/

Netflix reported a net gain of 2.28 million U.S. subs and 2.6 million overseas, to end Q1 with 62.3 million streaming customers. In January, Netflix told investors it expected to add 4.05 million subscribers in the first quarter, with 1.8 million in the U.S. and 2.25 million internationally.

Netflix attributed the better-than-expected growth for Q1 in the U.S. to its expanding content lineup.

“We think strong U.S. growth benefited from our ever-improving content, including the launch of the third season of ‘House of Cards’ and new shows ‘Unbreakable Kimmy Schmidt’ and ‘Bloodline,'” CEO Reed Hastings and CFO David Wells wrote in a letter to shareholders. Netflix debuted “Marvel’s Daredevil” on April 10, after the end of the first quarter on March 31.

Reason (besides the new regions) is pretty obviously the self-made content, which has all been fantastic as far as im concerned.




edit: uhhhhhh why did I made this here. woops
 
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